Types of Credit Cards

What are the Different Types of Credit Cards

India has several different lenders who offer credit cards and different categories of credit cards offered. However, a few of the categories have emerged to be popular and common categories of credit cards. Read below to learn about the most common credit card types in India.

• Fuel Credit Cards

• Credit Cards for Women

• Contactless Credit Cards

• Travel Credit Cards

• Co-branded Credit Cards

• Cashback Credit Cards

• Entertainment Credit Cards

• Business Credit Cards

• Lifestyle Credit Cards

• Premium/Signature Credit Cards

1. Travel Credit Card

These credit cards often offer amazing discounts for cardholders who wish to travel. They offer great deals and offers on hotels, airplanes, etc. Some of the best credit cards offered for Indian citizens are:

• JetPrivilege IndusInd Bank Voyage Visa Credit Card

• Citibank PremierMiles Credit Card

• Air India SBI Platinum Credit Card

2. Fuel Credit Card

Fuel credit cards are another popular credit card type in India. Most fuel credit cards offer you cashback points and fuel surcharge waivers. Among the best fuel credit cards in India are included:

• IndianOil Citibank Titanium Credit Card

• BPCL SBI Card Octane

• HDFC Bharat Cashback Credit Card

3. Rewards Credit Card

These cards offer accelerated reward points on specific transactions and purchases. The bonus points earned on these cards can be used to pay your credit card bill. Some of the best reward credit cards in India are:

• Standard Chartered Platinum Rewards Credit Card

• Citibank Rewards Credit Card

• Citibank Rewards Domestic Credit Card

4. Shopping Credit Card

Shopping credit cards offer cashbacks, discounts, and exclusive offers for cardholders of the best credit card for online shopping. The best shopping credit cards available in India are:

• Flipkart Axis Bank Credit Card

• HSBC Cashback Credit Card

• SBI SimplyCLICK Credit Card

5. Business Credit Card

Business credit cards are helpful in meeting expenditure in order to expand or grow the business. Some of the best business credit cards in India include:

• ICICI Bank Business Advantage Black Credit Card

• HDFC Business MoneyBack Credit Card

• Axis Bank My Business Credit Card

6. Student Credit Card

Targetted at college students, student credit cards are an ideal tool for meeting college-related expenditures. Students above the age of 18 years can apply for these kinds of credit cards and enjoy features such as rewards, interest-free periods, and immense discounts. Some of the best student credit cards in India are:

• SBI Student Plus Advantage Credit Card

• ICICI Coral Contactless Credit Card

• Kotak 811 Credit Card

7. Cashback Credit Card

Cashback credit cards offer cashback ranging from 5-20% on transactions made through the credit card. These cards usually offer fuel surcharge waivers, rewards, reversal of annual fees, etc. Some of the best cashback credit cards in India are:

• Axis Bank ACE Credit Card

• HDFC Millennia Credit Card

• Standard Chartered Super Value Titanium Card

8. Lifestyle Credit Card

The benefits of lifestyle credit cards are curated to ensure maximum savings while using these credit cards. These cards usually offer rewards, discounts, and other benefits on shopping, dining, and even travelling. Some of the best lifestyle credit cards in India are:

• Kotak Bank PVR Platinum Credit Card

• HDFC Regalia First Credit Card

• Axis Bank Privilege Credit Card

9. Entertainment Credit Card

Entertainment credit cards are best used for availing discounts, rewards, and other benefits on movies, dining, golf, or even travel. Some of the best entertainment credit cards in India are:

• Kotak PVR Platinum Credit Card

• HDFC Titanium Times Credit Card

• Kotak PVR Gold Credit Card